If a corporation chartered under the general corporation law of this State converts into a consumer cooperative and conducts itself according to the principles outlined in this subtitle, the board of directors of the corporation may by a majority vote adopt a name that includes the word “cooperative” or any variation or abbreviation thereof.
Md. Code Ann., Corps. & Ass'ns § 5-5A-09
Known as the Maryland Consumer Cooperative Act
The act spans §§ 5–5 (30 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.